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December 12, 2023 | The American Lawyer

How Some Big Law Firms Can Afford Associate Salary Raises

Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
5 minute read
December 04, 2023 | The American Lawyer

Deal Watch: Wachtell, Ropes Lead $10B Biotech Deal, and M&A Landscape Could Use Fewer 'Shock Waves'

Deals continue to come in, though not at a pace most would prefer. Debevoise's Michael Diz said the last couple of years have been one shock after another.
6 minute read
November 27, 2023 | The American Lawyer

Countercyclical and Regulatory Practices Dominate Partner Promotions in 2023

Am Law 100 firms are promoting roughly the same number of partners as last year, but groups like debt finance, antitrust and tax are growing faster than most corporate practices.
4 minute read
November 16, 2023 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.
6 minute read
November 13, 2023 | The American Lawyer

Paul Weiss Hires O'Melveny Partner to Co-Chair Financial Services Group

The New York law firm is the latest to recruit from a competitor to build its financial services regulatory group, amid sustained client demand in this practice.
3 minute read
November 13, 2023 | The American Lawyer

UPDATE: Law Schools Begin Discussions with Law Firms After Open Letter on Antisemitism

While not commenting publicly, some T14 or New York-based law schools have been in discussions with law firms about preventing further incidents of antisemitism on campus, sources say.
7 minute read
November 07, 2023 | The American Lawyer

Deal Watch: Big Week for M&A, But Big Law Dealmakers Say It May Not Last

"The more significant challenge that leveraged M&A is facing is the breadth of available financing," noted Ethan Klingsberg at Freshfields.
8 minute read
November 02, 2023 | The American Lawyer

Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment

A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
8 minute read
November 02, 2023 | The American Lawyer

Behind Stroock's Dissolution: Partnership Discord and Pension Burdens

"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
8 minute read
October 13, 2023 | The American Lawyer

Stroock Cut Pay and Hours of Senior Staff as Merger Talks Dragged On

The cuts in pay and hours for senior staff raise questions about Stroock's financial footing during its merger talks.
3 minute read

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